Auction is developer’s dream

    Auction is developer’s dream

    On August 29, a variety of prime development properties in Northam will go under the hammer as part of an urgent disposal sale.

    Northam is a well-known mining town situated between key platinum and chrome mines.

    There is currently inadequate housing to support approximately 24 000 mining workers at the various mines.

    The development properties on auction will assist in resolving this dilemma providing around 12 000 housing opportunities as well as schools, churches, business centres, filling stations and more.

    This makes the development properties on auction an attractive business opportunity for property developers and investors. Numerous development properties will be auctioned on the day.

    These include 312 serviced residential stands as well as hospital stands, crèche and secondary school stands, all of which are located in extension 6.

    In addition to this, a 100 ha township approved development called Hlogoyatau, with 1479 special residential stands, will also be auctioned along with stands for a cemetery, a hospital, four schools, a filling station, city centre and a neighbourhood centre.

    Info
    When & where
    The auction will take place August 29 at
    11am at Mawala Lodge, Northam.
    For more information, contact Pieter
    Geldenhuys at Bidders Choice on 082-808-
    1801 or visit the Bidders Choice website at
    www.bidderchoice.co.za.

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